DFARS 215.401 Definitions
Section Defense Federal Acquisition Regulation Supplement
Facts
- Citation
- DFARS 215.401
- Type
- Section
- Supplements
- FAR 15.401 Definitions
- Last amended
- 83 FR 4431 Effective Jan 31, 2018
- Text as of
- DFARS Change May 7, 2026
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
As used in this subpart—
“Market prices” means current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantiated through competition or from sources independent of the offerors.
“Relevant sales data” means information on sales of the same or similar items that can be used to establish price reasonableness taking into consideration the age, volume, and nature of the transactions (including any related discounts, refunds, rebates, offsets or other adjustments).
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Defense Federal Acquisition Regulation Supplement: Procurement of Commercial Items (DFARS Case 2016-D006) |
Quick answers
What is DFARS 215.401?
DFARS 215.401 is a section of the Defense Federal Acquisition Regulation Supplement, titled "Definitions".
When was DFARS 215.401 last changed?
The most recent final rule on record is "Defense Federal Acquisition Regulation Supplement: Procurement of Commercial Items (DFARS Case 2016-D006)" (83 FR 4431), published Jan 31, 2018 and effective Jan 31, 2018.
Are changes to DFARS 215.401 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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